$/Unit% of EIAnnual $
Gross Incomehide
1 Bedroom Units (10 units)$5,538.3019.6%$55,383
2 Bedroom Units (32 units)$6,922.9478.6%$221,534
Laundry$120.621.8%$5,066
Total Gross Income$6,713.88100.0%$281,983
Less: Vacancy & Credit Loss$335.695.0%$14,099
Effective Income$6,378.1995.0%$267,884
Less: Expenseshide
Property Taxes$508.717.6%$21,366
Insurance$100.501.5%$4,221
Pool$40.210.6%$1,689
Gardener$25.120.4%$1,055
Utilities$183.522.7%$7,708
Resident Manager$335.025.0%$14,071
Maintenance$107.211.6%$4,503
Reserve$107.211.6%$4,503
Miscellaneous$40.210.6%$1,689
Management Fee$318.904.7%$13,394
Total Operating Expenses$1,766.6226.3%$74,198
Net Operating Income$4,611.5768.7%$193,686
Less: Debt Service$3,109.1246.3%$130,583
Net Operating Cash Flow$1,502.4522.4%$63,103
Taxable Income and Taxes